International Federation of Accountants (IFAC)

This refers to the global organisation that establishes and maintains international standards on ethics, auditing and assurance, accounting education, and public sector accounting.

The IFAC carries out its work through the International Auditing and Assurance Standards Board, the International Ethics Standards Board for Accountants, the International Public Sector Accounting Standards Board, and the International Accounting Education Standards Board.

IFAC is a term normally found in financial reporting.

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